Is Costilla County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Costilla County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Costilla County was a Seller's Market.

Key Takeaway

Costilla County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Costilla County, CO

How much do homes in Costilla County, CO cost?

Median Sold Price

$220,000

$193/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$75,054(-25.4%)

Key Takeaway

Homes in Costilla County have sold for 25.4% less than they did a month ago.

Summary: The median home sold price in Costilla County was $220,000 in November 2024, down 25.4% from last month, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$158K
N/A
2 $152.5K$232.8K
+52.6%
3 $532.5K$220K
-58.7%
4 -$630K
N/A
5+ --
N/A

Summary: Costilla County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.6%, 3 bedroom homes decreased by 58.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Alamosa County
+1.1%
Costilla County
-25.4%
Huerfano County
-66.0%

Housing Supply in Costilla County, CO

How many homes are available in Costilla County, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3532-8.6%

Summary: The Costilla County real estate market had 32 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 1512
-20.0%
3 1312
-7.7%
4 33
0.0%
5+ 33
0.0%

Summary: The Costilla County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Costilla County, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Costilla County in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Costilla County, CO

How long does it take to sell a home in Costilla County, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
142 Days57 Days-59.6%

Summary: Homes in Costilla County had an average of 57 days on market in Nov 2024, down by 59.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Costilla County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Costilla County; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Costilla County, CO

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What housing markets are near Costilla County, CO?